I popped in to Nature's Basket around the corner having heard from a bunch of people how it was stocked with 'gourmet' food. I rubbed my hands together and toddled in expecting a small version of Bon Marche. What I got was a New York bodega filled with packaged and salted and preserved foods. The non American contingent of food was mostly Aussie and UK stuff.
Are we getting this rubbish because this is what we like, or because it is in a language we understand? What He giveth He taketh away; this is payback for using English skills to take away US, UK and OZ Cyber Coolie jobs.
Thursday, October 29, 2009
Monday, October 19, 2009
Whack the poor and financing the global warming fight
The FT headlines scream "Public backing for deep China emission cuts". Only they did not ask the Chinese, just the citizen's of the countries most responsible for our present problems. Said citizen's also said that money should not be handed over to China, India and the rest of poor suckers who did not spew enough coal and oil dust into the air over the last 100 years.
Unfortunately, given that these are democracies, the citizen's will get what they want - no dough to us poor boys. Our asinine governments should factor that in to their silly calculations.
Although, there is a way that could be supported by most non US governments and that will give us the 'technology' that we crave, though not financing. So it is a good way to flush out what it is we want - dough or stuff.
Abrogate patents on the technologies that we need. A small class of companies will be hit, though if their governments are serious about mitigating warming they should be able to make money from patent protected markets. And we get to combat global warming and build a nice new industry, just as we did the our generic drug industry.
Getting the tech should be dead easy - there is not a damn environmental technology company not riddled with Desi's. If they ain't the boss, there is no criminality and they can make a buck - Bengaluru Zindabad.
From the FT:
Public backing for deep China emission cuts
By Fiona Harvey in London
Published: October 18 2009 22:26 | Last updated: October 18 2009 22:26
Public opinion on both sides of the Atlantic is firmly in favour of China taking on the lion’s share of cuts in greenhouse gas emissions and lukewarm on providing funds to the developing world to adapt to climate change.
Unfortunately, given that these are democracies, the citizen's will get what they want - no dough to us poor boys. Our asinine governments should factor that in to their silly calculations.
Although, there is a way that could be supported by most non US governments and that will give us the 'technology' that we crave, though not financing. So it is a good way to flush out what it is we want - dough or stuff.
Abrogate patents on the technologies that we need. A small class of companies will be hit, though if their governments are serious about mitigating warming they should be able to make money from patent protected markets. And we get to combat global warming and build a nice new industry, just as we did the our generic drug industry.
Getting the tech should be dead easy - there is not a damn environmental technology company not riddled with Desi's. If they ain't the boss, there is no criminality and they can make a buck - Bengaluru Zindabad.
From the FT:
Public backing for deep China emission cuts
By Fiona Harvey in London
Published: October 18 2009 22:26 | Last updated: October 18 2009 22:26
Public opinion on both sides of the Atlantic is firmly in favour of China taking on the lion’s share of cuts in greenhouse gas emissions and lukewarm on providing funds to the developing world to adapt to climate change.
Friday, October 16, 2009
Glad they got him
Raj Rajaratnam has been caught insider dealing. No surprise. When I spoke to him, and to a great number of other investors when I used to live in the States, they took me to be a fellow potential scamster, or at least fellow Indian who ought to be taught the ropes.
They revealed to me a way to make money, that was not technically illegal at the time, but sure was if one looked at the spirit of securities laws.
I did not enter the charmed circle - I was brought up by old fashioned parents, grandparents and Jesuits. I also put an embargo on any companies of which I was on the board doing business with the charmed circle. More fool me, or perhaps I too would have been worth a large fortune, as opposed to a small fortune.
But, I am glad they got him. And I hope they get the rest, Indian, American, White, Yellow or Black. It is bad enough that financiers rob us blind; worse that all who should know condone illegality. Because they all do know. Mr. Geithner, given his years sucking up to the street does know.
They revealed to me a way to make money, that was not technically illegal at the time, but sure was if one looked at the spirit of securities laws.
I did not enter the charmed circle - I was brought up by old fashioned parents, grandparents and Jesuits. I also put an embargo on any companies of which I was on the board doing business with the charmed circle. More fool me, or perhaps I too would have been worth a large fortune, as opposed to a small fortune.
But, I am glad they got him. And I hope they get the rest, Indian, American, White, Yellow or Black. It is bad enough that financiers rob us blind; worse that all who should know condone illegality. Because they all do know. Mr. Geithner, given his years sucking up to the street does know.
Wednesday, October 7, 2009
Dragonomics 1
1) There is a, perhaps apocryphal, story of an old time HSBC (then BBME - British Bank of the Middle East) manager at a branch somewhere in Araby who was faced with a rumour inspired run on his bank. He quickly threw all the papers from all desks behind the counters and piled upon these all the currency that he could lay his hands on, opened up the vault, at the mouth of which he piled further dough, and announced that everyone could have their money back if merely they waited in turn. Confidence restored, run dissipated, mentioned in despatches.
2) What if the obscene reserves accumulated by China are the same thing? The cash pile that obscures the trash pile. What if all the dough is kited off the backs of foolish gweilo's (an oxymoron to any red blooded Chinese)? After all, none of us can explain the US economy, let alone the Chinese one.
Ponder.
2) What if the obscene reserves accumulated by China are the same thing? The cash pile that obscures the trash pile. What if all the dough is kited off the backs of foolish gweilo's (an oxymoron to any red blooded Chinese)? After all, none of us can explain the US economy, let alone the Chinese one.
Ponder.
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